Investors purchased shares of Under Armour Inc. (NYSE:UA) on weakness during trading hours on Friday. $43.05 million flowed into the stock on the tick-up and $40.54 million flowed out of the stock on the tick-down, for a money net flow of $2.51 million into the stock. Of all companies tracked, Under Armour had the 15th highest net in-flow for the day. Under Armour traded down ($0.09) for the day and closed at $40.43

UA has been the topic of several recent analyst reports. Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Under Armour in a research report on Friday, March 11th. Vetr upgraded shares of Under Armour from a “hold” rating to a “buy” rating and set a $86.69 target price on the stock in a research report on Tuesday, March 15th. Sterne Agee CRT restated a “buy” rating on shares of Under Armour in a research report on Tuesday, March 22nd. FBR & Co restated a “buy” rating and set a $115.00 target price on shares of Under Armour in a research report on Monday, March 28th. Finally, Brean Capital restated a “buy” rating and set a $88.00 target price on shares of Under Armour in a research report on Tuesday, April 5th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $69.63.

The stock has a 50-day moving average price of $38.08 and a 200-day moving average price of $39.76. The firm has a market cap of $35.33 billion and a P/E ratio of 75.71.

Under Armour (NYSE:UA) last posted its earnings results on Thursday, April 21st. The apparel retailer reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.02. The business earned $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm earned $0.05 earnings per share. Under Armour’s revenue was up 30.1% compared to the same quarter last year. Analysts anticipate that Under Armour Inc. will post $0.58 earnings per share for the current year.

In other news, Director Harvey Sanders sold 8,400 shares of the business’s stock in a transaction on Monday, April 25th. The shares were sold at an average price of $46.42, for a total value of $389,928.00. Following the completion of the sale, the director now directly owns 243,826 shares in the company, valued at $11,318,402.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP James H. Hardy, Jr. sold 32,500 shares of the business’s stock in a transaction on Tuesday, April 26th. The stock was sold at an average price of $46.69, for a total transaction of $1,517,425.00. Following the completion of the sale, the executive vice president now owns 38,009 shares of the company’s stock, valued at $1,774,640.21. The disclosure for this sale can be found here.

Other hedge funds have recently modified their holdings of the company. Great West Life Assurance Co. Can boosted its stake in shares of Under Armour by 1.3% in the fourth quarter. Great West Life Assurance Co. Can now owns 80,831 shares of the apparel retailer’s stock worth $6,518,000 after buying an additional 1,050 shares during the last quarter. World Asset Management Inc boosted its stake in shares of Under Armour by 4.4% in the fourth quarter. World Asset Management Inc now owns 19,084 shares of the apparel retailer’s stock worth $1,539,000 after buying an additional 804 shares during the last quarter. TD Asset Management Inc. boosted its stake in shares of Under Armour by 1.6% in the fourth quarter. TD Asset Management Inc. now owns 81,066 shares of the apparel retailer’s stock worth $6,535,000 after buying an additional 1,300 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Under Armour by 1.1% in the fourth quarter. California Public Employees Retirement System now owns 442,200 shares of the apparel retailer’s stock worth $35,646,000 after buying an additional 4,900 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its stake in shares of Under Armour by 134.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 76,353 shares of the apparel retailer’s stock worth $6,155,000 after buying an additional 43,773 shares during the last quarter.

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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